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Isleworth Healthcare Acquisition (Isleworth Healthcare Acquisition) Return-on-Tangible-Equity : 4.14% (As of Jun. 2022)


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What is Isleworth Healthcare Acquisition Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Isleworth Healthcare Acquisition's annualized net income for the quarter that ended in Jun. 2022 was $8.51 Mil. Isleworth Healthcare Acquisition's average shareholder tangible equity for the quarter that ended in Jun. 2022 was $205.48 Mil. Therefore, Isleworth Healthcare Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was 4.14%.

The historical rank and industry rank for Isleworth Healthcare Acquisition's Return-on-Tangible-Equity or its related term are showing as below:

ISLE's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.77
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Isleworth Healthcare Acquisition Return-on-Tangible-Equity Historical Data

The historical data trend for Isleworth Healthcare Acquisition's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Isleworth Healthcare Acquisition Return-on-Tangible-Equity Chart

Isleworth Healthcare Acquisition Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Equity
- 4.86

Isleworth Healthcare Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Return-on-Tangible-Equity Get a 7-Day Free Trial -8.53 5.02 1.73 9.98 4.14

Competitive Comparison of Isleworth Healthcare Acquisition's Return-on-Tangible-Equity

For the Shell Companies subindustry, Isleworth Healthcare Acquisition's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Isleworth Healthcare Acquisition's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Isleworth Healthcare Acquisition's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Isleworth Healthcare Acquisition's Return-on-Tangible-Equity falls into.



Isleworth Healthcare Acquisition Return-on-Tangible-Equity Calculation

Isleworth Healthcare Acquisition's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=4.841/( (0.024+199.377 )/ 2 )
=4.841/99.7005
=4.86 %

Isleworth Healthcare Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=8.508/( (204.414+206.541)/ 2 )
=8.508/205.4775
=4.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Isleworth Healthcare Acquisition  (NAS:ISLE) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Isleworth Healthcare Acquisition Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Isleworth Healthcare Acquisition's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Isleworth Healthcare Acquisition (Isleworth Healthcare Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
360 Central Avenue, First Central Tower, Suite No. 800, Saint Petersburg, FL, USA, 33701
Isleworth Healthcare Acquisition Corp is a blank check company.

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